Mitch Daniels joins Hulman & Co. board
Former Gov. Mitch Daniels is joining the board of Hulman & Co., which owns the Indianapolis Motor Speedway.
Former Gov. Mitch Daniels is joining the board of Hulman & Co., which owns the Indianapolis Motor Speedway.
The Indianapolis Motor Speedway on Friday reached a multiyear deal with Illinois-based Levy Restaurants to operate concession stands and manage premium beverage operations during major events.
Roger Penske wasn't worried about finding a sponsor for Juan Pablo Montoya when he signed him, believing there would be interest in the Colombian's return to open-wheel racing.
The track has scheduled yet another new event for 2014. The move is bound to draw criticism from traditionalists who think Speedway officials are diluting the venue’s heritage by bringing in so many extra races.
There’s no disputing that Hulman & Co. CEO Mark Miles has added horsepower to the IndyCar Series and Indianapolis Motor Speedway in his first year on the job. But there are grumblings Miles has not focused enough on the products that literally drive the series—the drivers themselves.
New Hulman & Co. CEO Mark Miles in February requested public funding assistance to make major upgrades to the 104-year-old landmark.
The Indianapolis Motor Speedway says it is ready to start a projected $140 million in improvement projects using $100 million in state assistance.
The new 14-turn, 2.434-mile course will be run the opposite direction of the Indy 500 on a newly resurfaced track that will be wider, have longer straightaways and three new passing zones, Indianapolis Motor Speedway officials announced Tuesday.
The apparel brand Izod is dropping its partnership with the IndyCar Series after the conclusion of the 2013 season, leaving the open-wheel racing series without a title sponsor.
The unusual move will mark the open-wheel series’ first race on the hallowed track’s winding interior course. And it’s the highest-profile break from tradition yet in the tenure of new Hulman & Co. CEO Mark Miles.
The Indianapolis Motor Speedway has put its merchandise and food and beverage contracts up for bid for the first time in its 104-year history.
Dallara is preparing to install a $5 million automobile simulator in its Speedway plant—a move that could fuel the company’s plan to dramatically grow its local operation.
The project will connect 16th Street with Crawfordsville Road and Main Street. However, Georgetown Road will be cut off from the intersection and come a dead end.
Both sides could have opted out of the final year of a contract that expires after next season. But Speedway officials said the two sides reached an agreement to run a seventh race in Indy in 2014.
The upcoming MotoGP motorcycle race could be the last at the Indianapolis Motor Speedway, as NASCAR officials lobby instead for a stand-alone race for a newly merged sports-car series.
The Indianapolis-based IndyCar Series and open-wheel racing enthusiasts were hoping the movie would create a buzz about the sport, but interest has fallen short of expectations so far.
A new DreamWorks Animation movie centers on the Indianapolis 500. It’s a dream come true for the IndyCar Series, which can’t buy a break in halting its slide in public interest.
The Indianapolis Motor Speedway's new president must navigate a number of tests, most notably how to save the MotoGP race and how to bolster the Brickyard 400 NASCAR race.
Indianapolis Motor Speedway officials say they’ve seen no adverse sales impact from a risky move to raise ticket prices for the 2014 Indianapolis 500 by about 15 percent—the first price increase in almost a decade.
Fans coming to the Indianapolis Motor Speedway for this weekend's Indy 500 will notice some changes in the traditional routine in response to last month's bombing at the Boston Marathon.